Bounty alone is not enough

[Kanjeung]

I do not agree with you and think you are missing the point bounty is a very good means of promoting any project we have signature bounty that target people in the crypto world and there is blog, social media even YouTube I think it's very OK and top cryptocurrency did it an reaped the reward

what is meant by the thread above, that bounty is not enough to promote a company. I agree with the theme of this thread. that the company must spread the news in the world by spreading on the famous site or the biggest so that they can see the company. like in investor forums, discussion of bitcoin etc.

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[iTradeChips]

In my own opinion is that bounties would still be a good source of free marketing for the company or organization with coins to offer as investment. Many people and I mean a good number, a large number of people participated in bounties and were able to help boost the image and marketing of a project and propel it to success. So I think now is not the time to change the course of projects as far as marketing their respective projects are concerned. There are other ways to market but bounties should not be removed.

[spydee1522]

I will never say bounties and airdrops are not good enough to to advertise a project, hell no, I won't say that but truth be told, a project with a great ambition relying on bounties and airdrops alone to market its project will struggle other than a project that have seminars and conferences with investors with Founder or CEO available explaining things clearly. In fact, bounties alone ain't enough.

[oemar bakrie]

It's a target of the project so you can be more confident with the next step..
We ourselves as a bounty do have a very important role in the progress of the project,, But without the investor sitting along with the bounty hunter the project will also not be successful..

[TheICE007]

Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .

[romaleshc]

Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .

The bounty job is temporary and I think we should not focus all on it. I have a outside job and I see that doing the ICO bounty is the job to make the bonus money serve for my living and bill. Now the crowd joining the bounty and the reward is less.

[42K]

Yes. That's the truth. You cannot solely depend on bounty as a reliable source of income. Bounty alone isn't enough if you want to earn money because bounty rewards are now less. Gone were the days bounty rewards were great. With that, one could take bounty as a full job but not now. Times have changed.

[Bonwin]

There are some other ways of marketing, that are more effective than bounty or airdrop, but there are do many reasons why bounty and airdrop might still be be included.
One of the main reasons is that, other means that will work fast and effectively well are very expensive. Which some project teams cannot afford.

[velive08]

I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

bounty and airdrop is a very effective media campaign on the internet. but not only that, I think the promotion must still be done in the real world such as gatherings, seminars and so on to attract new investors who have not entered the world of crypto.

[Delilonia1]

I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

Using bounty hunters or airdrops to promote a project is very economical, cost effective and perfect. There are other means of marketing a project besides using bounty hunters. There are means of advertising on Twitter, YouTube and even this signature campaign.

Organising conference are good but that will be expensive to pull up especially for new projects. It is not even rational to leave a cost effective means of marketing for those ones that will gulp money from you when infact, the owner of the project is actually still praying hard to reach his soft cap

[andrearz]

Back then, when bounty rewards Were huge, one could depend only on bounty, and even take it as a full time job but now, the crowd joining the bounty makes the reward poor, so one should get a side job to add up .

The bounty job is temporary and I think we should not focus all on it. I have a outside job and I see that doing the ICO bounty is the job to make the bonus money serve for my living and bill. Now the crowd joining the bounty and the reward is less.

in 2017 I made the bounty campaign the main income because this year there were many campaigns that paid participants high enough. 2018 until now I only get a little income from the bounty campaign.

[AlaEhBTC]

Bounty is not enough that is why they need to attend to different meet ups and conventions to promote their project and tell the world about it to make it more successful.

[cliber]

Bounties and Airdrop are also important parts to bring in investors. I think, gifts are a means of promotion that doesn't cost a lot. And I also think that what you convey is true. That is what must be considered by the project that forms the team with their respective duties.

[1BTC EQUALS 1CAR]

It is still significant because most of the people that talk about crypto are mostly in this forum, twitter, telegram and etc. But it's only for small companies that don't have enough money to launch in IEOs that asks for hefty amount of money plus another amount of their coins. Small projects will have no choice but to depend on bounty but again, it's the project that is very important to showcase at the end and not the marketing.

[qomariah95]

Bounty is not enough that is why they need to attend to different meet ups and conventions to promote their project and tell the world about it to make it more successful.

That must be done for every new crypto project. not only promotions through bounties or other media. Because attending other crypto events will give promotions to everyone at the event so that large investors also see their projects.

[Jaggi90]

Bounty campaigns are done for advertising purpose only , so you think that you will get a Bitcoin in return. Bounties are just giving you reward for your work and if you want to earn a lot of money , then you should go for trading.

[FeelTheBeat]

You remember a project like PinkTaxi? The one that John McAfee advertised. So what? In the end, the project failed and John McAfee expelled from America) This proves that if the project does not have good funding, it is doomed.

[miklesm]

Totally agree with you. Bounty is a good way to attract extra attention for the project, but there should be fresh news, announcements about partnerships etc. to make people interested in the project.

[reynald70]

Totally agree with you. Bounty is a good way to attract extra attention for the project, but there should be fresh news, announcements about partnerships etc. to make people interested in the project.

Yes, that's right, to find new investors requires expensive action, for example the CEO of a project must be able to embrace a good partnership, so that investors will create trust to participate in the project, because relying on Bounty campaigns is not enough.

[jyotianand01]

I think it's high time projects know that they cannot rely solely on bounty and airdrop as a means of promotion. A lot of projects launch and they rely on their bounty campaigns and airdrop to help bring in investors and therefore fail to reach their softcap.

I never said bounties are not effective but it should only be used to create and reward their community not to bring in investors. If a project wants to promote it crowdsale then the team should deploy real promotional means like paying top influencers, attending conferences, advertisements on top sites like coinmarketcap, etc. Because no matter how good the project is, if it can't market properly then it won't reach its goals and if a project is mediocre but have a top notch marketing program, it will succeed beyond expectations.

If a new project do all these things then they have to make a huge investment out of their pocket before collecting any funds but through bounties, they get a very cheap advertisement and they have to pay them only if they achieve their targets.